BlackLine (NASDAQ:BL) Receives Average Recommendation of "Hold" from Analysts

Key Points

• Analysts' consensus: fourteen analysts give BlackLine an average recommendation of "Hold" (2 sell, 7 hold, 5 buy) with a 12‑month average price target of $56.00.
• Analyst views are mixed — recent price targets range from $50 (Baird, Cantor Fitzgerald) up to $68 (Morgan Stanley), while Rosenblatt reiterates a $62 buy rating.
• BlackLine beat the most recent quarter with $0.63 EPS vs. $0.58 expected and revenue up 8.1% to $183.2M, provided Q1 and FY2026 EPS guidance (0.440–0.460 and 2.370–2.480 respectively), and trades with a ~$1.87B market cap and ~95% institutional ownership.

BlackLine (NASDAQ:BL - Get Free Report) has been assigned an average recommendation of "Hold" from the fourteen analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $56.00.

A number of equities research analysts recently issued reports on BL shares. Robert W. Baird set a $50.00 price objective on shares of BlackLine in a report on Wednesday, February 11th. Cantor Fitzgerald decreased their price objective on shares of BlackLine from $58.00 to $50.00 and set a "neutral" rating for the company in a report on Wednesday, February 11th. Rosenblatt Securities reiterated a "buy" rating and issued a $62.00 price objective on shares of BlackLine in a report on Wednesday, February 11th. BMO Capital Markets reiterated a "market perform" rating on shares of BlackLine in a report on Wednesday, March 18th. Finally, Morgan Stanley reiterated an "overweight" rating and issued a $68.00 price objective on shares of BlackLine in a report on Wednesday, February 11th.

Institutional Investors Weigh In On BlackLine

A number of hedge funds have recently bought and sold shares of BL. Rockefeller Capital Management L.P. lifted its stake in shares of BlackLine by 1,225.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 5,728 shares of the technology company's stock valued at $317,000 after buying an additional 5,296 shares during the period. MidFirst Bank bought a new stake in shares of BlackLine in the fourth quarter valued at about $139,000. Virtu Financial LLC bought a new stake in shares of BlackLine in the fourth quarter valued at about $210,000. Mercer Global Advisors Inc. ADV bought a new stake in shares of BlackLine in the fourth quarter valued at about $216,000. Finally, Tudor Investment Corp ET AL bought a new stake in shares of BlackLine in the fourth quarter valued at about $4,051,000. 95.13% of the stock is currently owned by institutional investors.

BlackLine Price Performance

BL opened at $31.37 on Tuesday. The firm has a market capitalization of $1.87 billion, a P/E ratio of 78.43, a PEG ratio of 2.20 and a beta of 0.88. The stock has a fifty day moving average of $37.23 and a 200-day moving average of $48.45. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 2.00. BlackLine has a 12-month low of $29.67 and a 12-month high of $59.57.

BlackLine (NASDAQ:BL - Get Free Report) last issued its earnings results on Tuesday, February 10th. The technology company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.58 by $0.05. BlackLine had a return on equity of 18.14% and a net margin of 3.50%.The business had revenue of $183.18 million during the quarter, compared to analysts' expectations of $182.98 million. During the same quarter last year, the firm posted $0.47 earnings per share. BlackLine's revenue was up 8.1% compared to the same quarter last year. BlackLine has set its Q1 2026 guidance at 0.440-0.460 EPS and its FY 2026 guidance at 2.370-2.480 EPS. Equities analysts forecast that BlackLine will post 0.9 EPS for the current fiscal year.

About BlackLine

BlackLine, Inc is a leading provider of cloud-based software solutions designed to automate and modernize the finance and accounting function. The company's flagship offering, the BlackLine Finance Controls and Automation Platform, enables organizations to streamline critical processes such as account reconciliations, journal entry management, intercompany accounting, and transaction matching. By delivering a centralized, real-time view of financial data, BlackLine helps companies improve operational efficiency, enhance compliance and strengthen internal controls.

Key products and services within the BlackLine platform include Account Reconciliation, Task Management, Transaction Matching, Journal Entry, and Intercompany Hub.

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